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Illinois grain prices in country elevators

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[January 31, 2014]  SPRINGFIELD — This is Thursday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

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In Northern and Western Illinois country grain dealers quoted shelled corn bids were 6 cents higher.

Soybean bids were 6 to 10 cents higher.

In Central Illinois country grain dealers quoted shelled corn bids were 6 to 8 cents higher.

Soybean bids were 5 to 6 cents higher.

In the Southern part of the state, shelled corn bids were 6 to 7 cents higher.

Soybean bids were steady to 1 cent higher.

Wheat bids were mixed.

 

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Commercial grain prices paid farmers by Interior Illinois Country Elevators after 2.00 p.m. are listed below in dollars per bushel:

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.07 - 4.32 12.40 - 12.48  

WESTERN 

4.15 - 4.27 12.49 - 12.68  

N. CENT.

4.06 - 4.19 12.69 - 12.84  

S. CENTRAL

4.15 - 4.33 12.61 - 12.79  

WABASH 

4.20 - 4.32 12.80 - 12.90 5.35 - 5.44

W.S. WEST

4.23 - 4.34 12.75 - 12.97 5.75 - 5.86

L. EGYPT

4.12 - 4.26 12.67 - 12.87 5.49 - 5.59

Central Illinois average price

Corn:  4.19 1/2 (-14 H)
Soybeans:
12.72 1/2 (+2 1/2 H)


CONTRACT BIDS FOR JANUARY 2014 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN

4.10 - 4.20 10.45 - 10.73  

WESTERN 

4.10 - 4.15 10.59 - 10.72  

N. CENT.

4.15 - 4.20 10.62 - 10.95  

S. CENTRAL

4.10 - 4.25 10.61 - 10.79  

WABASH 

4.20 - 4.30 10.62 - 10.77 5.25 - 5.35

W.S. WEST

4.08 - 4.19 10.79 - 11.04 5.28 - 5.50

L. EGYPT

4.19 - 4.25 10.72 - 10.77 5.20 - 5.31

[Text copied from USDA-IL Dept of Ag Market News, Springfield]

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